Showing 481 - 490 of 640
Søren Løvstad Christensen1, Mette Kjoelby1,2, Lars Ehlers31Health Technology Assessment and Health Services Research, Centre for Public Health, Central Denmark Region, Denmark; 2School of Public Health, Aarhus University, Denmark; 3Health Economics and Management, Aalborg University,...
Persistent link: https://www.econbiz.de/10009447438
We investigate efficient and minimally unstable Pareto improvements over the deferred acceptance (DA) mechanism—a popular school choice mechanism that is stable but not efficient. We show that there is no Pareto improvement over the DA mechanism that is minimally unstable among efficient...
Persistent link: https://www.econbiz.de/10012810926
Persistent link: https://www.econbiz.de/10005521066
We study a simple model of assigning indivisible objects (e.g., houses, jobs, offices, etc.) to agents. Each agent receives at most one object and monetary compensations are not possible. We completely describe all rules satisfying efficiency and resource-monotonicity. The characterized rules...
Persistent link: https://www.econbiz.de/10005545738
We are the first to introduce incomplete information to centralized many-to-one matching markets such as those to entry-level labor markets or college admissions. This is important because in real life markets (i) any agent is uncertain about the other agents' true preferences and (ii) most...
Persistent link: https://www.econbiz.de/10005545760
We study the problem of locating two public goods for a group of agents with single-peaked preferences over an interval. An alternative specifies a location for each public good. In Miyagawa (1998), each agent consumes only his most preferred public good without rivalry. We extend preferences...
Persistent link: https://www.econbiz.de/10005545800
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We consider a probabilistic approach to the problem of assigning k indivisible identical objects to a set of agents with single-peaked preferences. Using the ordinal extension of preferences we characterize the class of uniform probabilistic rules by Pareto efficiency, strategy-proofness, and...
Persistent link: https://www.econbiz.de/10005370637
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We consider the problem of allocating an infinitely divisible commodity among a group of agents with single-peaked preferences. Thomson (1994a), Sönmez (1994), and Moulin (1999) introduce three different resource-monotonicity conditions. In each characterization they derive, the axioms are...
Persistent link: https://www.econbiz.de/10005371034